Atari Announces Strategic Transactions
24 November 2021 - 04:00AM
Atari Announces Strategic Transactions
Atari Announces Strategic
Transactions
Paris, France,
November 23, 2021 at 6:00pm CET – Atari SA and
its subsidiaries (the “Atari Group”), one of the world's most
iconic consumer brands and interactive entertainment producers,
today announced an up to US$3.5 Million strategic investment in
Antstream Limited and a related option to purchase the assets of
Mobygames, Limited, including the Mobygames website and database.
The investment in Antstream Limited was made pursuant to a
convertible loan agreement that can be converted into equity of
Antstream Limited in a future financing, with an initial investment
of US$500,000. The option to purchase the assets of Mobygames
is at a purchase price of US$1.5 Million and may be concluded by
the end of March, 2022.
In addition, Atari has
completed the sale of certain non-fungible token parcels of land in
The Sandbox to a third party. Atari received a cash payment of
US$4,284,000.
About Atari:
Atari, comprised of Atari SA and its
subsidiaries, is a global interactive entertainment and
multiplatform licensing group. The true innovator of the video
game, founded in 1972, Atari owns and/or manages a portfolio of
more than 200 games and franchises, including globally known brands
such as Asteroids®, Centipede®, Missile Command® and Pong®. From
this important portfolio of intellectual properties, Atari delivers
attractive online games for smartphones, tablets, and other
connected devices. Atari also develops and distributes interactive
entertainment for Microsoft, Sony and Nintendo game consoles. Atari
also leverages its brand and franchises with licensing agreements
through other media, derivative products and publishing. For more
information: www.atari.com and www.atari-investisseurs.fr/en/.
Atari shares are listed in France on Euronext Paris
(Compartment C, ISIN Code FR0010478248, Ticker ATA)and are eligible
for the Nasdaq International program in the United
States (OTC - Ticker PONGF).
Contacts
Atari - Philippe Mularski,
CFO Calyptus
- Marie CalleuxTel +33 1 83 64 61 57 -
pm@atari-sa.com Tel
+ 33 1 53 65 68 68 – atari@calyptus.net
- 2021 11 23 Atari - Strategic Transactions - EN
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